Innovations
Monday, 12 August 2013 10:06

Bright IDEAS

A new edition of the IDEAS contest seeks proposals to promote innovative energy solutions in Latin America and the Caribbean.

Significant public and private sector investments around the world have succeeded to improve renewable energy in the last decade. However, the planning and implementation of less-renewable production plants such as coal are still in the pipeline and have not decreased as is common belief.

So what is the future of clean energy? United States President Barack Obama has defended his own clean-tech investments by placing high priority on energy innovation, and natural gas and nuclear have been receiving a significant amount of attention. However, are the same solutions implemented in developed countries equally applicable in the developing world?

The 2013 IDEAS Energy Innovation Contest recently launched a call for proposals for improving energy-efficiency and expanding access to renewable energy in developing countries in Latin America and the Caribbean.

The contest seeks proposals that promote innovative solutions to energy issues, benefit local communities or regions, create jobs and contribute to the reduction of greenhouse gas emissions. The winners of the competition will receive technical and business development support to implement and scale up their ideas and turn their clean energy dreams into reality.

Arnaldo Vieira de Carvalho, lead energy specialist at the Inter-American Development Bank’s (IDB) energy division, says: “This is a unique opportunity for individuals and institutions to receive immediate support from international institutions for innovative ideas in the field of energy.”

Individuals, enterprises and organisations are invited to submit proposals, which must focus on the adoption, innovation, assimilation, development and transfer of technologies in renewable energy, energy-efficiency, climate change mitigation and fossil fuel substitution.

Proposals must be submitted by 15 August 2013 via the IDB’s website, after which the winners will be announced by November 2013.

For more information on the competition, terms and conditions, visit www.iadb.org/ideas.